According to the MasterCard ‘worldwide index of consumer confidence’, India has the highest score among Asia-Pacific markets, with consumers being optimistic about employment, economy and quality of life. “India in particular shines as one of the few markets with a lift in its consumer confidence score from six months ago. Its consumer confidence score increased from 63.9 six months ago to 68.0,” the survey stated.
Indian and Chinese consumers’ remain confident about the next six months, despite a widespread drop in consumer confidence across 16 markets in the Asia/Pacific, Middle East and Africa region.
In India, Delhi consumers are the most optimistic with an Index score of 79.3, up 25.2 points from 54.1 six months ago. Mumbai scored 61.7 points followed by Chennai which was marginally lower at 61.3, the survey revealed.
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